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Search Results 0 to 16 of about 17 (some duplicates have been removed)
to simply come up for a vote. but he's got problems, including his number two, eric cantor, doesn't like, he can't support what the senate passed in such a lopsided vote and it looks like there's going to be a vote maybe tonight on new legislation which if it's passed by the house would then have to go back to the senate. >> reporter: that's right. first of all, let's talk about your question about the house speaker. he, i am told by several people in this meeting today, was very intentionally did not give his opinion. he didn't say whether he supports or opposes this bill. eric cantor did and he was certainly sending a signal to conservatives and making clear his personal position for good reasons. as the speaker goes, he really, i'm told, was told to just listen to concerns of the members. but it is true that if they do amend this, that it would have to go back to the senate down the hall here and it would have to be passed by thm or not. the other thing, just to sort of play this out a couple of days, there's a new congress sworn in on thursday, in just two days. if they don't finish this
speakership looking over his shoulder as the camera shows of eric cantor right behind him ready -- >> but cantor is with him now, isn't he? hasn't his number two guy joined him? >> he's his number two guy and supporter, but he's the spiritual leader of the tea party caucus there, and that's the group that seems to be calling the shots right now in the house of representatives. >> let's talk about the republican party. let's try to be really analytical here. you know, to me two things happen in every election. one, somebody wins, somebody loses, and then there's the other part of every election, a signal is sent, which way the country wants to go. it's a verdict that goes out to the people who got re-elected. careful, buddy, careful, lady, you could be next. isn't there a sense in the republican party that obama won a comfortable re-election? >> yeah but -- >> yeah but. >> that was boehner's mistake. >> he thought that was reality. >> he thought that was reality, and he learned the other night that it wasn't. >> republicans don't see it in that world. what covers the sky in their
into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff. it seems we have this moment where this animal goes over the cliff, all limbs a
in the house, majority leader eric cantor flatly told reporters i do not support this bill. >> -- looking for the best path forward. >> here's part of the problem for at least some lawmakers. the congressional budget office, a nonpartisan group, said today the senate-backed legislation will add nearly $4 trillion to federal deficits over a decade, but keep in mind that is relative to where deficits would have been if congress had let all the bush tax cuts expire, which was an option that virtually no one wanted. so is there life left in the senate's proposal or have we fallen off the cliff for good or at least for a few days? joining me now is our senior congressional correspondent, dana bash. dana, i just got a tweet from someone that says can't dana bash kick these idiots in the butt and get it done? >> reporter: that would be an interesting youtube moment, wouldn't it? look, here's what's going on. some of that kicking might be going on as we speak by others who have clear seniority inside the republican caucus. on the floor of the house right now, we are told house republican leaders
boehner will be at today's meeting. he says the house will convene for a rare sunday evening session. eric cantor says the house could be in session until january 2nd. that's the day before the new congress is sworn in. boehner, meanwhile, still maintains that it's up to the senate at this point to make the first move. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we immediate to end the uncertainty. >> economists say it is possible, though, this new terminology to step over if you will the cliff. that means lawmakers will reach some kind of a deal a few weeks after the new year begins. >>> retailers are bracing for more bad news as thousands of workers at u.s. ports are preparing to strike. jackie deangelis live with th
notice how eric cantor, the house majority leader voted on the fiscal cliff deal last night. he voted against it. some have interpreted that to be premonition, an indication perhaps there will be some sort of a challenge to the speakership of john boehner. however we have heard nobody speak publicly, nobody speak on the record in that regard. keep in mind if his speakership were to be challenged would require a vote not just of the republican conference but the entire house of representatives. jenna: big question whether or not a change in leadership would elicit different results that is conversation yet to be had in the coming weeks. >> so you try. jenna: doug, thank you very much. jon: so the white house and congress knew of the self-imposed deadline for more than 17 months and they still managed to blow past it. finally approving a tax deal last night that doesn't seriously address the spending cuts or the nation's ballooning deficit. so who wins and who loses with this deal? talk about it with jonah gold perg, editor-at-large at "the national review" and a fox news contributor. b
minute. eric cantor did. stan hoyer among others not happy. >> i am deeply disappointed mr. speaker, and the people who have been damaged by hurricane sandy, including governor chris christie and governor cuomo, should be deeply disappointed and yes, angry, that this congress would adjourn without addressing the pain of our fellow citizens. >> bill: it is outrageous -- i have not been there personally but seen so much video of the horrific destruction in parts of new york and new jersey -- >> that is still there, yeah. >> bill: yeah, people still suffering, and the congress just basically saying, we don't care about this. >> yeah, it's just the house, right? because the senate had actually done some stuff, and had planned to come back one more day and deal with what the house passed and in the midst of all of this stuff at the last minute they just pulled it off of the agenda. and it was a bipartisan anger at the house leadership last night when that happened. >> bill: eleanor holmes norton representing the district of columbia will be joining us in studio abou
and house majority leader eric cantor negotiated a year 1/2 ago that were put on the table. perhaps if you include some of that you increase some of the spending. what the democrats will be the spending on doctors fix, that is preventing doctors from getting a pay cut if they treat medicare patients and extending patch for alternative minimum tax to insure 10 of millions of americans don't have to pay the amt for this year, that is something congress typically does at the end of every year. it is not honest budgeting in washington. these are ideas that have come about basically as democrats and republican haves to throw the spending together at the end of every year. adam: we have about a minute before the president will start speaking the spending cuts that are on the table, there are a lot of people say that is enough to put the economy into recession. is that going to keep the democrats from possibly approving this deal? >> depends on the spending cuts. right now you're talking about $94 billion in what is known as the sequester. that is just for next year alone. automatic spending cuts
call. eric cantor ridge just announce the house plans to return on sunday at 6:30 p.m. and will be in session sunday through friday, that is after new year's by my calendar, still awaiting senate action but will be back on sunday, 40 hours that you were talking about. it is time for stocks. we head back to nicole petallides on the floor of the stock exchange. nicole: the best levels of the last few hours and wonder if people are saying i like it, put me in extra effort. a moment ago, the last half hour we were down 140 points so we are seeing some improvement in the market right now. let's talk about two names on the move, smith and wesson we are talking about, saw them selling off dramatically after the shooting in connecticut. just 3.5%, repurchasing of $15 million in shares. also dominos pizza, a great performer today and stock hitting an all-time high, oppenheimer raising the price to $50 and earnings per share, a vase a domino's pizza looking good, potential bright spot to the year 2013. tracy: coming up talking about the weather, a winter storm wreaking havoc o
eric cantor that he is against the bill. how damning is it that top republicans are coming out saying they're opposed to deal? >> that is very problematic. that could be a situation where a number about republicans say, look we have tax rates that have gone up. it is beyond january 1st, midnight. what this represents, this proposal is a tax cut, a major tax cut, basically for anybody, any family making less than $450,000 a year. on top of that, you also got this next round upcoming that of a debt ceiling fight. there are republicans like senator lindsey graham who are saying look, make sure you take the debt ceiling fight with your spending cuts, for the spending cut fight. why don't we make sure we cut taxes now and move onto that next round? that is a feeling among a number about republicans here. you have a significant amount of democrats, perhaps who could potentially come along with this. it is still so early in the stage, can't believe we're saying it is early in this because it is beyond the fiscal cliff deadline and into new year's day. still lots of to be worked out. a lot of
leader eric cantor have just arrived at capitol hill where all eyes are on the house. as we await act on the bill that passed by the senate early this morning and averts across the board tax hikes and massive spending cuts set to kick in today. brand new hour of "america's newsroom." thank you for joining us. i'm heather childers in for martha maccallum. rick: i'm rick folbaum in for jon. happy new year. >> you will stick it to the rich people. but guess what? you may not get anymore revenue and anymore economic growth but you can say i stuck it to the rich people. >> i'm dis.ed we did not get a grand bargain we tried to do so long but we tried. passing this agreement does not mean negotiations halt, far from it. we can all agree there is more work to be done. heather: chief congressional correspondent mike emanuel is live on capitol hill for us. mike, any sense of the next steps on the house side of the capitol? >> reporter: heather, you mentioned speaker of the house john boehner and majority leader eric cantor are on the hill on the way in. no decision has been made whether they ta
to the tea party. i have bad news for the tea party. and for party president's whether it is eric cantor from virginia, the majority leader in the house, or the president, but neither of them were elected to make all the roles and come to all the decisions. sort of middle ground will live to be found. simpson-bowles does not provide it. i will give you example. they raise the retirement age by a year or two very slowly. the retirement age task ago to 70 or there's no way out on social security. numbers tell us that. it is that simple. at the same time, its only marginally increases the retirement age and creates a new benefit for high stress occupations. 1,722,000 people would qualify, but all experience with these things, whether you are a republican from georgia or a liberal democrat from manhattan, as soon as a law like that gets passed, people become creative in finding ways to qualify. out of the woodwork, all the folks that would qualify. at the end of the david acton & social security age for everybody was truly disabled and let the market take care of its. people in stress occupations
republicans and john boehner and eric cantor in particular. jon: that's what we're talking about. let me play for you what senator tom harkin said just a bit ago. we opened the senate session this hour with senate majority leader harry reid who basically said we're still talking but no progress or no real progress to report. didn't say much very frankly. then senator harkin took the microphone. here is what he had to say. >> if we're going to have a deal, the deal has to favor the middle class, the real middle class, those making 30, 50, 60, $70,000 a year. that is the real middle class in america. and as i see this thing developing, quite frankly, as i have said before, no deal is better than a bad deal. this looks like a very bad deal the way this is shaping up. jon: ron, what about that plan b bill that the house passed or you know, what was considering, that would have raised taxes on those making a million dollars and up? >> well that is what is confusing me is that we want, republicans want to save taxpayers as many taxpayers as possible. we want to save them as at the same time we're l
expected on friday. a statement from house speaker john boehner and majority leader eric cantor said getting aid to the victims of hurricane sandy should be the first priority and the house will vote friday to direct needed resources to the national flood insurance program and on january 15, the first full legislative day of the 113th congress the house will consider the remaining supplemental requests. that a statement from house speaker boehner. two hours ago, new jersey governor chris christie held a news conference on speaker boehner's decision to not hold a vote yesterday on a bill to help victims of hurricane sandy. >> good afternoon. when hurricane sandy made landfall on august 24, 1992, congress and president bush 41 responded within 31 days with a federal aid package. when hurricane gustav made landfall in 2008 and hurricane ike 12 days later, congress and president bush 43 responded in 17 days with a federal aid package. when hurricane katrina made landfall on august 29, 2005, congress and president bush 43 responded with an initial 62.3 billion aid package in 10 days. hurr
Search Results 0 to 16 of about 17 (some duplicates have been removed)